Hines announced the practical completion of the firm’s mass timber office building in Melbourne. The building offers tenants an employee-centric workspace to help attract and retain talent, while supporting the demand for high-quality, green office buildings.
The firm’s T3 Collingwood is the tallest mass timber office building in Melbourne. Building with timber, as opposed to concrete and steel, results in significant savings in embodied carbon.
“We’re seeing a strong pivot towards ESG adherence, as well as towards core central locations, among today’s tenants — both are expected to underpin growth for the prime end of the office market in Australia,” said David Warneford, country head of Australia and New Zealand at Hines. ”Demand is there, and we see good locations and premium green buildings leasing.”
Located at 36 Wellington St. in Collingwood, Melbourne, the 18,200-square-meter (195,803-square-foot), 15-story, heavy-timber office build